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China stated in its annual report, the company planned to digest hanging quotes about $ 1.3 billion worth of stock, but by 2012 there are 287 million dollars in stock.361 degrees the same inventory problem. According to the annual report shows, 3  new balance 574 floral hemp pack uk  61 in the 2012 inventory of 460 million Yuan, an increase of 9.5 million dollars. In addition, the company in 2012 on average inventory turnover days was increased to 56 days at the end of last year, compared to the same period is 40 days.

In order to absorb inventory, 361 degrees and distributor agreement to cancel a number of manuf  new balance 574 hologram uk  actured goods orders. 2012 on fall and winter orders, orders decreased by 361 degrees 10% and 26%. In addition, the company expects orders for 2013 spring fair and autumn fair will decrease of 23% and 19%, respectively. Meanwhile, in spring/summer 2013 on the orders, 361 degrees give wholesalers wholesale discount rates also increased to 60% from 58% in the earlier.Compared with 361 degrees by cutting orders to reduce inventory practices, Li Ning will take the form

of provision for impairment once and for stocks. According to the annual report, Li Ning's 2012 inventory to 920 million dollars. Six major sports brand inventory total of 3.327 billion yuan.Can see from the above published annual reports, domestic sportswear brands 2012 years of unsatisfactory results. Corporations have realized the problem brought about by the rapid expansion of high inventories, also experienced the pain of low profits from having to sell at a discount.But it seems to Li Ning, homogeneity is the biggest difficulty currently facing domestic sportswear brands.